Commercial Mortgage Loans
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Commercial mortgage loans differ from residential mortgages primarily because they're used to finance commercial property. The property may technically be a residence, but if it's used as a commercial venture - for example, a large apartment building rented out for its income potential - a commercial real estate loan is generally required. There are two types of Commercial Loans: Owner Occupied and Investment (Non-Ownwer Occupied).
National Commercial Property Loans provides financing for a variety of Commercial Properties:
- Recourse or Non-Recourse loans available
- Purchase
A. $500,000 to $25,000,000
B. CLTV's up to 90% - Refinance
C. Rate and Term
i. LTV up to 80%
D. Cashout
i. LTV up to 75%
ii. $500,000 to $25,000,000 - Construction
E. $1,000,000 to $25,000,000
F. Conventional LTV up to 80%
G. One time close loans available
H. SBA loans up to 90% CLTV - Types of properties
.
- Multifamily / Apartments
- Senior Living and Assisted Living
- Gas Stations/ C Stores / Car Washes
- Self-Storage
. Hotel / Motel
. Light Industrial
. Mixed use
. Mobile Home Parks
. Office
. Retail
. Self Storage
. Warehouse
. Industrial
. Day Care
. Restaurants
. Many others also available
Contact:Ulysses Fletcher Mortgage Services (404)421-4783 or email:ulyssesfletcher@numail.org.

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